Dividends
Dividend Policy
Our basic policy is to maintain stable dividends while securing sufficient internal reserves to support our business development and fortify our financial position. During the three years of our current medium-term management plan Yokohama Transformation 2026 (YX2026), we will actively invest in new growth opportunities that will support sustainable profit growth in the future. We expect this effort will enable us to stably and steadily raise our dividend in accordance with our basic policy.
Dates of Record for Dividends
December 31 for year-end dividend and June 30 for interim devidend.
Dividends
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Per share
| Interim | Year end | Full Year | |
|---|---|---|---|
| Fiscal 2024 | \ 34.00 (Projection) | \ 50.00 (Projection) | \ 84.00 (Projection) |
| Fiscal 2023 | \ 34.00 | \ 50.00 | \ 84.00 |
| Fiscal 2022 | \ 33.00 | \ 33.00 | \ 66.00 |
| Fiscal 2021 | \ 32.00 | \ 33.00 | \ 65.00 |
| Fiscal 2020 | \ 32.00 | \ 32.00 | \ 64.00 |
| Fiscal 2019 | ¥ 31.00 | ¥ 33.00 | ¥ 64.00 |
| Fiscal 2018 | ¥ 31.00 | ¥ 31.00 | ¥ 62.00 |
| Fiscal 2017(Note 1) | ¥ 31.00 | ¥ 31.00 | ¥ 62.00 |
| Fiscal 2016 | ¥ 26.00 | ¥ 26.00 | ¥ 52.00 |
| Fiscal 2015 | ¥ 13.00 | ¥ 26.00(Note 2) | ¥ –(Note 3) |
| Fiscal 2014 | ¥ 12.00 | ¥ 14.00 | ¥ 26.00 |
| Fiscal 2013 | ¥ 10.00 | ¥ 12.00 | ¥ 22.00 |
| Fiscal 2012 | ¥ 8.00 | ¥ 12.00 | ¥ 20.00 |
| Fiscal 2011(4-12/11)(Note 4) | ¥ 3.00 | ¥ 4.00 | ¥ 7.00 |
Notes:
1:The interim and year-end dividends for fiscal 2017 each include a special, centennial dividend of ¥5.
2:Yokohama carried out a one-for-two share merger effective July 1, 2015. The company has accounted for that merger in calculating the dividend payable to shareholders of record as of December 31, 2015.
3:The aggregate annual dividend conforms with management’s projection announced in February 2015, adjusted for the share merger.
4:Yokohama switched in 2011 to a calendar-year fiscal term, which resulted in a one-time-only nine-month fiscal term.
